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151 CR 474, ELGIN, TX 78621

ELGIN, 78621 — williamson County

3 bed1 bath1,164 sqftBuilt 1940

Property at a Glance

This home is estimated between $23,353 and $1,917,068, with a best estimate of $351,910. That places the property below the X006330I - THRALL ISD NON-CITY median of $447,610, in a neighborhood that appreciated 2.2% over the past year.

Estimated Value Range

$23,353 $1,917,068
Best Estimate
$351,910
WCAD Value
$130,837
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in X006330I - THRALL ISD NON-CITY. The estimated range of $23,353 and $1,917,068 should be treated as a rough guide.

Comparable Properties (5)

1500 CR 490 ELGIN, TX 78621
0.00 mi 88% similar Same subdivision
3 bed 1,440 sqft Built 1980
Raw Value $1,241,323
Adjusted Value $1,139,680

Adjusted -$68,033 for 276 sqft less living space and -$76,156 for being older and +$42,546 for having a pool. Net adjustment: -$101,643.

4951 CR 473 ELGIN, TX 78621
0.93 mi 83% similar Same subdivision
3 bed 2 bath 1,118 sqft Built 1985
Raw Value $426,247
Adjusted Value $351,910

Adjusted +$11,339 for 46 sqft more living space and -$85,676 for being older. Net adjustment: -$74,337.

851 CR 462, ELGIN, TX 78621
0.93 mi 81% similar
2 bed 1 bath 837 sqft Built 1930
Raw Value $115,304
Adjusted Value $257,493

Adjusted +$80,604 for 327 sqft more living space and +$19,039 for being newer and +$42,546 for having a pool. Net adjustment: +$142,189.

3501 CR 464, ELGIN, TX 78621
0.93 mi 81% similar
3 bed 2 bath 1,502 sqft Built 1930
Raw Value $1,938,799
Adjusted Value $1,917,068

Adjusted -$83,316 for 338 sqft less living space and +$19,039 for being newer and +$42,546 for having a pool. Net adjustment: -$21,731.

3 bed 1 bath 1,753 sqft Built 1920
Raw Value $87,915
Adjusted Value $23,353

Adjusted -$145,186 for 589 sqft less living space and +$38,078 for being newer and +$42,546 for having a pool. Net adjustment: -$64,562.

The Neighborhood

This home is valued 70.8% below the X006330I - THRALL ISD NON-CITY median of $447,610. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 2.2% over the past year.

X006330I - THRALL ISD NON-CITY

outlier low
1,269 Properties
$447,610 Median Value
+2.2% YoY Change
4% Have Pool
36% Have Garage
This Home
$130,837
Median
$447,610

This home is -70.8% below the subdivision median.

Tax Analysis

The estimated annual property tax is $2,235 across all districts. With a homestead exemption claimed, that drops to $642 — saving $1,593 per year. That's $54 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.

Tax Districts

DistrictTypeRateAnnual Amount
Thrall ISDSchool1.2096%$1,569
Williamson CountyCounty0.3694%$479
Williamson County ESD #10 - CouplandESD0.1000%$130
Williamson County FM/RdCounty0.0443%$57
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax1.7234%$2,235

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $351,910 would pay approximately $2,197 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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